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Lighter discloses non-transactional point allocation, accounting for less than 10% of the airdrop ratio
$LIT
Lighter founder vladn.eth announced on Discord that the project has a points distribution independent of trading activity, accounting for less than 10% of the total airdrop.
One such allocation involved an agreement reached before the end of 2024 and prior to the private test launch with a third-party liquidity provider, under which up to $5.00 million in liquidity was provided to LLP during the private test phase to compensate for early liquidity risk; there is no financial or personal relationship between the two parties.
Additionally, Lighter has partnered with a trading firm to leverage its expertise in low-latency systems to accelerate platform development.
Previous reports indicated that Jump Crypto has been market-making on Lighter since mid-November and received an airdrop of 9,285,000 $LIT (approximately $24.20 million), equivalent to about 0.93% of the total supply.
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